DOL Fiduciary News: April 14, 2016

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Group: Define ‘Best Interest’ Before A Judge Does 

InsuranceNewsNet; April 13, 2016

The financial services industry is best served defining the Department of Labor’s “best interest” standard for advisors before the courts do it, according to a financial planning expert. (http://insurancenewsnet.com)

Planners: We’ll Comply with DOL 

InsuranceNewsNet; April 13, 2016

Planners say their “core mission” of delivering advice to investors large and small will not be affected by the Department of Labor’s new fiduciary rule, key elements of which take effect in a year. (http:/insurancenewsnet.com) 

After DoL Rule, SEC Inches Toward Uniform Fiduciary Standard

Financial Planning; April 13, 2016

Now that the Department of Labor has issued its final rule on fiduciary advice in the retirement sector, is the SEC going to follow suit and press ahead with its own fiduciary regulation? (http://www.financial-planning.com)

What is 'reasonable' cost under DOL's fiduciary rule? Well, it depends

InvestmentNews; Apr 11, 2016

Inherent to acting in a client's best interest is ensuring costs are reasonable, an ERISA concept brokers need to understand

(http://www.investmentnews.com)

DOL Fiduciary Rule: The Good, the Bad and the Ugly

ThinkAdvisor April 11, 2016

U.S. Chamber of Commerce and ERISA lawyer Brad Campbell detail the positive and negative aspects of the final rule.
(http://www.thinkadvisor.com)